ChainCatcher news, according to Cointelegraph, Tornado Cash co-founder Roman Storm has requested the judge to dismiss the criminal charges against him.Previously, the appeals court ruled that the U.S. Treasury's sanctions against the crypto mixer were illegal, stating that the Treasury acted "beyond its authority" in this case.

ChainCatcher news, according to CCTV International News, the legal advisor of impeached South Korean President Yoon Suk-yeol, Seo Dong-hyun, stated to the media that if there is anything he needs to clarify during the Constitutional Court's review of Yoon Suk-yeol's impeachment case, Yoon is willing to explain it himself. Seo Dong-hyun mentioned that Yoon Suk-yeol has never considered instigating a rebellion, so he cannot agree with the charge of "rebellion."

ChainCatcher news, a letter shared by Musk on the X platform shows that his lawyer Alex Spiro wrote to SEC Chairman Gary Gensler yesterday, disclosing that the SEC has demanded Musk accept a settlement involving monetary compensation within 48 hours, or face multiple charges.According to the letter, SEC staff indicated that the request came from higher-ups. Alex Spiro pointed out that this is the latest action following years of investigation and six years of harassment by the SEC against Musk. When the SEC recently summoned Alex Spiro to testify and threatened to send a subpoena, he explicitly refused.The letter questions whether the SEC's actions are not aimed at seeking the truth, but rather an improper crackdown on Musk and his associates, and demands to know whether these actions are directed by the SEC Chairman or the White House.

ChainCatcher news, according to market news, the South Korean prosecution has arrested former Defense Minister Kim Yong-hyun on charges of "inciting rebellion and abuse of power."

ChainCatcher news, according to Reuters, Alex Mashinsky, the founder and former CEO of the cryptocurrency lending platform Celsius Network, pleaded guilty to two counts of fraud on Tuesday.The 59-year-old Mashinsky was indicted on July 13, 2023, on seven counts of fraud, conspiracy, and market manipulation. Federal prosecutors in Manhattan stated that he misled Celsius's customers, enticing them to invest, and artificially inflated the value of the company's proprietary cryptocurrency. He pleaded not guilty to these charges on that day.During Tuesday's hearing, Mashinsky stated that he pleaded guilty to two of the original seven charges: commodity fraud and a fraudulent scheme to manipulate the price of CEL (Celsius token).In court, Mashinsky admitted that during an interview in 2021, he provided "false comfort" to Celsius customers by claiming that Celsius had received regulatory approval for its Earn program, when in fact it had not been approved. The program promised to use customers' cryptocurrency to generate investment returns.

ChainCatcher news, according to a report by Cointelegraph, a BBC investigation has revealed that influencer Logan Paul is accused of profiting from promoting cryptocurrencies without disclosing his financial interests. The BBC's investigation uncovered evidence linking Paul to an anonymous crypto wallet, obtained through transactions associated with Paul's public wallet.It is alleged that this anonymous wallet purchased the tokens before Paul promoted them to his 23 million YouTube followers and sold them for a profit after the price surged.Reportedly, influencer Logan Paul has promised to provide refunds to users of the allegedly fraudulent NFT project CryptoZoo, on the condition that they waive their right to sue him.

ChainCatcher news, according to Bloomberg, the U.S. SEC stated on Monday that the cryptocurrency mining company BIT Mining Ltd. (formerly known as 500.com Limited) has agreed to pay a $4 million fine to settle the agency's allegations of bribing Japanese officials.The SEC pointed out that BIT Mining paid $2.5 million in cash bribes and gifts to Japanese lawmakers and others between 2017 and 2019 in an attempt to win bids for opening casino resorts in Japan.In a separate action, the U.S. Department of Justice announced that it has reached an agreement with BIT Mining, where BIT Mining agrees to pay a $10 million criminal fine, of which $4 million will be paid to the U.S. SEC by the company.

ChainCatcher news, according to Cointelegraph, former CEO of the crypto platform Celsius, Alex Mashinsky, is facing criminal charges in the United States. His representative lawyer has lost the case and failed to dismiss two charges related to commodity fraud and manipulation of the CEL token price.In documents submitted to the U.S. District Court for the Southern District of New York on November 8, Judge John Koeltl ruled that Mashinsky's legal team's arguments for dismissing the charges were "either irrelevant or without merit." The judge denied the motion to dismiss the two charges, leaving seven charges still in the indictment against Mashinsky, with the trial scheduled to begin in January 2025.

ChainCatcher news, TRON founder Justin Sun expressed his views on the recent controversy regarding "listing fees" for exchanges. He stated on X: "Binance charges $0. Coinbase requires us to pay 500 million TRX (worth $80 million) and demands a deposit of $250 million in BTC in Coinbase Custody to improve their performance."

ChainCatcher news, according to Cointelegraph, in a document submitted to the U.S. District Court for the Southern District of New York on October 23, Judge John Koeltl ordered former Celsius CEO Alex Mashinsky and prosecutors to appear in court on November 13 to "preserve testimony" and address motions to dismiss certain charges in the indictment. In January, Mashinsky's lawyers filed a motion to dismiss charges related to commodity fraud and market manipulation.In July 2023, authorities arrested Mashinsky and charged him with seven felonies. Prosecutors accused the former CEO and former Chief Revenue Officer Roni Cohen-Pavon of "illegally manipulating the price of the platform's token CEL," with Mashinsky allegedly misleading users about the nature of their investments.According to court records, Mashinsky has not appeared in person since February. In addition to the hearing on November 13, Judge Koeltl also ordered both parties to hold a pre-trial conference on January 16. The jury trial is set to begin on January 28.

ChainCatcher news, citing Bloomberg via Tree News, reports that the Nigerian government has dropped charges against Binance executive Tigran Gambaryan.

ChainCatcher news, according to Bloomberg, the main suspect in the UK’s 60,000 Bitcoin money laundering case and the Tianjin Lantian Ge Rui 43 billion yuan illegal fundraising case, Qian Zhimin (phonetic, alias Zhang Yadi), was arrested in April this year and charged with two counts of money laundering. The UK’s Crown Prosecution Service accused her of holding and transferring illegal cryptocurrency on or before April 23. A man named Seng Hok Ling was also charged alongside her; he pleaded not guilty to a charge of participating in money laundering arrangements knowing or suspecting that the property was criminal. The trial is set to begin on September 29, 2025, at Southwark Crown Court. "Her lawyer stated after the hearing: 'Ms. Zhang denies all criminal charges and plans to actively defend herself.'"

ChainCatcher news, Habibur Rahman, a resident of East Ham in London, denied the charges of operating an unlicensed cryptocurrency ATM business and laundering money through cryptocurrency transactions. Rahman appeared at Medway Magistrates' Court and pleaded not guilty to the charges of running illegal machines without authorization from the Financial Conduct Authority (FCA).Rahman is accused of exchanging £300,000 of illegal cash into cryptocurrency between April 1 and June 16, 2022. This was discovered after Kent Police searched a shop in Chatham on April 28, 2023, and seized several cryptocurrency ATM machines during the raid.The case has now been transferred to Maidstone Crown Court, with the next hearing scheduled for November 7. Police stated that Rahman's involvement in cryptocurrency trading not only violated financial regulations but also involved money laundering. He was granted bail after appearing in court and will await further developments in the coming weeks.

ChainCatcher news, the Mango DAO community failed to pass the proposal regarding "authorizing a payment of nearly $700,000 to the SEC to settle the charges." The proposal authorized the DAO to release the currently held funds of $669,684 and pay the SEC, which would satisfy the amount owed under the final judgment against the DAO, Blockworks, and Mango Labs.Previously, the U.S. Securities and Exchange Commission (SEC) accepted a settlement proposal jointly submitted by Mango DAO, Mango Labs, LLC, and the Blockworks Foundation, which was recorded by the U.S. District Court for the Southern District of New York on October 1, 2024.

ChainCatcher news, the U.S. Attorney's Office stated in a release that Indiana man Evan Light pleaded guilty on Monday to charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, and stole cryptocurrency worth over $37 million from nearly 600 victims.Court documents show that in February 2022, Light was involved in a cyber intrusion that targeted an investment holding company located in Sioux Falls, South Dakota. The documents also allege that Light was accused of stealing personal information, which he then used to steal assets from hundreds of victims.The statement said, "Under Light's control, the stolen cryptocurrency was subsequently transferred around the world, including to multiple mixing services and gambling websites, to conceal his identity and hide the virtual currency."

ChainCatcher news, according to Cointelegraph, New York City’s pro-cryptocurrency mayor Eric Adams has been indicted on corruption charges, becoming the first sitting mayor in New York's history to face charges while in office.The charges were brought after an investigation by the FBI in November 2023, which searched Adams' personal electronic devices, suspecting that he received illegal donations from the Turkish government in 2021.Eric Adams has been a long-time supporter of cryptocurrency, with his first three paychecks being in BTC and ETH, and he pledged to make New York "the center of the cryptocurrency industry" when he was elected mayor in 2021.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) has reached a settlement regarding its charges against the DeFi platform Rari Capital. The SEC found that the company and its co-founders misled investors and did not register as brokers. The SEC stated that Rari Capital's co-founders Jai Bhavnani, Jack Lipstone, and David Lucid told investors that their managed Earn platform allowed investors to lend tokens to earn returns, which would "automatically and autonomously rebalance" their cryptocurrencies instead of doing it manually, but the company was sometimes unable to do so. The SEC also indicated that they were involved in "unregistered broker activities" related to the Fuse platform. The SEC noted that the two platforms held over $1 billion in crypto assets at their peak. Certain Earn platform investors were also eligible to receive Rari governance tokens, which the agency claimed were unregistered securities.As part of the settlement agreement, Rari Capital Infrastructure LLC, which acquired Rari Capital in 2022, agreed to cease future violations of securities laws, and Rari's co-founders agreed to pay fines and are banned from serving as executives and directors for five years. According to previous reports, the lending platform Fuse was hacked in May 2022, resulting in the theft of $80 million. Rari Capital subsequently halted new deposits and began to gradually shut down the Fuse platform.

ChainCatcher news, Hex and PulseChain founder Richard Schueler (also known as Richard Heard or Richard Heart) is currently under criminal investigation in Finland for serious tax evasion and assault charges.According to local Finnish media YLE, Finnish police suspect Schueler, who resides in Helsinki, of serious tax evasion and assault. Helsinki detective Harri Saaristola stated that Schueler is suspected of owing hundreds of millions of euros in taxes to Finland. Harri Saaristola explained that discrepancies between Schueler's tax returns and the revenue assessments from the tax office prompted the investigation.Authorities are currently unclear about his whereabouts. Finnish authorities estimate that Schueler's income for 2023 exceeds 15.2 million euros, but the tax evasion allegations are unrelated to his capital income. Finnish law enforcement believes that the cryptocurrency founder created, launched, and marketed his cryptocurrency in Finland, and that the marketing scope of these projects extends internationally.